Zooey Deschanel is now a spokescalp for Pantene. "I'm a real girly girl and love doing my hair and experimenting with different styles," says the actress, who adds that she used Pantene products to wash her hair, why, just last night. [People]

Singer Grimes announced her first fashion industry collaboration: these rings that look like vulvas. She calls them pussy rings. [Fashionista]

A sad glimpse inside the Betsey Johnsonbankruptcy, from an unnamed member of the designer's runway design team who was laid off last week when the news broke: "As of two weeks ago we weren't allowed to spend any money — we couldn't buy trims, fabric, send out samples to be made domestically or abroad. Factories weren't sending us what we had ordered because they were worried about not being paid." Fifteen part-time and freelance employees were let go two weeks ago, and the remaining employees were sent off on Thursday with champagne and cupcakes. Interestingly, one reason the brand failed to attract new investment that might have saved it was allegedly differences of opinion over the business strategy pursued by Steve Madden, who took a management role at Betsey Johnson after stepping in to repay a $50 million 2010 loan the company would otherwise have defaulted on. At least three groups of potential investors toured the company in recent months, and entered serious discussions. "We kept being told that things would turn around, and the discussions with the investors seemed to last a long time — they were really receptive to the ready-to-wear sector of the brand, but when it got down to licenses, everything seemed to fall apart. They weren't agreeing with Steve Madden's vision for the brand, which was to take it down-market at a lower price point than what's sold in Macy's now." [Elle]

A 14-year-old girl in Maine started a petition to ask Seventeen to publish one non-airbrushed photo spread per issue. We were alerted to the existence of this petition by a suspiciously slick-looking press release issued by a big PR firm — Explosive Campaign on Change.org Calls on Seventeen Magazine to Print One Unaltered Photo Spread Per Month to Promote Positive Body Image Amongst Teen Readers screamed the subhead — which always makes our spidey sense tingle. But still, she's on the side of goodness and light here. You can sign at the link. [Change.org]

And here is an important news update regarding neon nail polish: "Neon polish is actually illegal to produce in the US," says Jan Arnold, co-founder and creative director of CND Colours. "So if you see a neon shade in the store, it's imported — or your polish hue is just really bright, not a true neon, making it easier to pull off." Wait, what? Why would neon nail polish be subject to any different regulation than other nail polish colors? [More]

J. Crew's Jenna Lyons has braces — a fact which came up at the metal detector during a recent visit to the White House. Agents asked if she had any metal on her person. "I have braces in my mouth, so I'm like: really? Do we have to talk about this right now? OK, I guess we do…" Lyons also says that the past year of her life — during which time she has filed for divorce from her artist husband, Vincent Mazea, sold their Brooklyn home, and started dating a woman — has been "one of the more confusing times of my life, but I'm getting through it." [Guardian]

In China, Lanvin's Alber Elbaz felt moved to remark, "For me, all women around the world are alike. They all like a red dress, they all like a bit of chocolate before bed, they all cry at the same things. I don't see there is a difference, in the end, between an Asian woman and an American woman." [WWD]

Fashion schools are graduating more students than ever before — enrollment has increased by 34% in the last decade, and over the same period the number of design degrees granted by the top three U.S. institutions has grown by 40%. At the same time, studies project that the fashion industry in the U.S. will continue to shrink overall, with some continued potential for growth in the very competitive high-end sector. So what are all those graduates going to do? And why are they trying to get into a dying industry in the first place? Former fashion week head Fern Mallis wonders if it has something to do with reality T.V. "I hate to fault somebody for being overly ambitious but I think that with the advent of Project Runway and all the reality TV, everybody thinks they can be a designer and have their own label the minute they're out of school when they sew two pieces of fabric together," says Mallis, who has a long history of appearing as a judge on such shows, including Project Runway. "[Because of] the proliferation of reality TV shows around fashion…you get a lot of students who just want to participate in this program because they want to be on TV or be a celebrity," says the head of the fashion design program at Pratt, Jennifer Minnitti. [Fashionista]

Male model David Gandy says, "I'm clever in many respects, but not academically. I wouldn't be doing this job if I could be a vet." [Men's Health UK]

Cosmopolitan will apparently soon be — in addition to a T.V. show — a line of products you can buy at J.C. Penney's. Although neither the magazine nor the chain would comment, Women's Wear Daily is reporting that "staffers at Hearst's racier monthly are whipping up bags, lingerie, jewelry and accessories for a fall launch at Penney's." [WWD]